An Example of TRUE Passive Income
-this will be the case for very few (if any)
Owners have to create their websites, make a brand, constantly advertise (yes constantly advertise because the market is always changing)
In other words.. the work is never done
How my wife makes true passive income
My wife is an amateur photographer. She enjoys taking pictures with her digital SLR.. She is very good.
After a little photoshopping she will:
a. Upload her photos to stock photo sites
b. Upload her photos to her SmugMug account where people will pay astronomical prices for prints.
How is this passive?
Every month my wife gets checks from multiple stock photography sites. Even if she were to stop uploading photos she would continue to get checks for years to come... How do I Know? She is still making money off of photos she uploaded 7 years ago.
That is passive.
And even better... She doesn't have to advertise.
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Jon Patrick -
Thanks
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David Sneen -
Thanks
SignatureDavid SneenIt's what you do when no one is watchingthat determines what you will be able todo when everyone is watching.{{ DiscussionBoard.errors[5437233].message }} -
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JoeDRL -
Thanks
Signature(FREE TODAY)===>> Imitating Drug Dealers Made Me $490.52 and 352 subscribers in 14 days<<==={{ DiscussionBoard.errors[5437241].message }} -
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washout -
Thanks
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